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Started By
Message
Caesars Bama tops LSU 2nd
Posted on 7/30/17 at 8:25 pm
Posted on 7/30/17 at 8:25 pm
Caesars has LSU at 9, 2nd highest In the SEC, only behind Bama at 10.5.
I like our chances.
I like our chances.
Posted on 7/30/17 at 8:27 pm to Ethan Martin
WTF are you talking about?
Posted on 7/30/17 at 8:31 pm to LanTheBuilder
Vegas thinks LSU will win 9 games
Posted on 7/30/17 at 8:33 pm to Ethan Martin
What's the frequency, Kenneth?
Posted on 7/30/17 at 8:45 pm to Ethan Martin
Roses, mud, tires, trees, dandy don
Posted on 7/30/17 at 9:36 pm to Sampson
quote:
Vegas thinks setting the line at 9 game will cause the most EVEN action on both sides of the O/U to ensure the house wins no matter the outcome
FIFY
Posted on 7/30/17 at 10:01 pm to Ethan Martin
Is Caesars pager friendly?
Posted on 7/30/17 at 10:29 pm to tigerfan in bamaland
Noway in hell would I touch that LSU bet.
Posted on 7/30/17 at 11:17 pm to wildtigercat93
quote:
FIFY
Vegas would be perfectly happy to have uneven action if it increased their overall expectations. The idea that a bookmaker would prioritize even action is essentially saying that they are willing to turn down a higher expected value. Does that sound like any casinos you know of? Generally speaking bets will tend to even out around the "true line" anyway, but if not the bookmakers would be totally fine with betting against the public. Maybe in some corner cases like the Superbowl or major prize fights there would be enough betting that they would play it a little safer, but in general they will maximize expected value.
Sportsbooks make their money from two things: 1) maximizing the total number of bets; 2) maximizing the expected value of each bet. Bookmakers are constantly seeking to maximize the combination of 1 and 2.
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